The last observations (until April 1993) of SN 1987A made at ESO, La Silla, are presented. Our data show that: (i) the criterion of line shifts proves that dust is still present and is absorbing more strongly than ever; (ii) the I magnitude decreases faster than the other ones after day ∼1700; (iii) the 1.3mm flux is constant at about 9mJy, and comes most probably from free-free emission produced by the cooling of the former star envelope still weakly ionized. Previous analyses of the bolometric light curve until day 1444 are briefly reviewed. In spite of the large uncertainties, the flattening of the light curve, observed after day ∼900, extends until our latest data points (day 2172). This can be explained by theoretical models including time-dependent effects due to long recombination and cooling times (Fransson and Kozma 1993). However, one cannot rule out the presence of a compact object such as a neutron star, radiating as a pulsar or accreting matter from a disk either continuously or intermittently.

The Dust

In order to understand many aspects of the observed behaviour of SN 1987A at later phases, one must appreciate the role of dust in the expanding ejecta of the supernova. Molecules such as CO and SiO were formed at a very early phase (<100 days after outburst) (Bouchet and Danziger 1993). Probably as a result of the presence of molecules, dust formed at approximately day 530 and has since continued to play a dominant role in absorbing much of the harder radiation and thermalizing it.